The European Union and the US administration are nearing a 15% tariff deal, according to a report on Wednesday by the Financial Times, citing people with knowledge of the matter. Three individuals familiar with the developments reported to the newspaper that Brussels is advocating for the deal to prevent a tariff increase to 30%, as previously suggested by President Donald Trump. The measure is expected to take effect from August 1. However, the European Commission reportedly briefed envoys on Wednesday after discussions with the American representatives. It is also indicated that both sides might eliminate tariffs on certain goods, such...